Update on COVID-19 and its impact on our business

Update on COVID-19 and its impact on our business

To the OYO family around the world,


Over the past few weeks, I have shared regular updates with you on the COVID-19 situation and how the resilient OYO team is doing various things to respond to this challenge.


I want to take a moment to thank each one of you for the great efforts and leadership that you continue to demonstrate.


Today, I want to share with all of you the latest impact of COVID-19 and the crisis that it has brought upon OYO. I am also sharing my thoughts in this video message.



I am confident that OYO will emerge stronger and more resilient than ever before outside of this crisis. Until then, I want to thank everyone who has contributed to the success of OYO and pray for each one of you, your families and wish for the best.


Thank you so much,



Meet the author / Ritesh Agarwal

Ritesh Agarwal is the founder and CEO of OYO Hotels & Homes. Travelling across India at the age of 17, Ritesh stayed in more than 100 bed and breakfasts, guest houses, and hotels to realize there was a massive dearth of affordable and good-quality hotels in the budget hotel category. He believed that everyone deserves a beautifully designed, chic and comfortable living space. And everyone deserves a better life. That’s how OYO was launched in May 2013. OYO today is the world’s leading chain of hotels, homes, and spaces.